At the beginning of 2025, the global tanker market faces uncertainty, with marked divergence in the performance of crude and product oil tanker stocks. Product oil tankers are pressured by an increase in new vessel deliveries and a slowdown in demand growth, while crude oil tankers show a more positive outlook due to recovering demand and turbulence in the international market.
This article introduces seven commonly used types of bills of lading in sea, air, and land transportation, including straight bill of lading, order bill of lading, electronic bill of lading, express bill of lading, air waybill, and land waybill. By understanding the characteristics and applications of these bills, readers can better manage logistics in complex cargo transportation and reduce risks.
X-ray inspection, as a non-intrusive method used by customs, enhances logistics efficiency. During this process, containers are scanned with specialized equipment, and customs assesses the X-ray images to determine whether to release them or conduct further inspections. This typically takes 1-3 days, depending on port congestion. Cargo owners can optimize the customs clearance process through effective preparation and communication.
The Port Maintenance Fee (HMF) is a charge imposed by U.S. Customs on ocean imports, calculated at 0.125% of the declared value of goods. This fee does not apply if goods are routed through Canada to the U.S. Businesses need to fully understand the implications of this fee and plan their shipping strategies effectively to reduce overall costs and enhance competitiveness.
This article conducts an in-depth analysis of products under the 96 series HS codes, revealing their application in export tax rebate policies. It aims to assist enterprises in understanding relevant regulations and enhancing market competitiveness. By organizing different HS codes and their corresponding tax rebate rates, the article helps companies address challenges in international trade and improve their economic returns.
Long Beach Port is a critical gateway for Pacific trade in the United States, recording a throughput of 9.38 million TEUs in 2021. The port is dedicated to promoting innovation, environmental sustainability, and community development. By collaborating with various stakeholders, it actively optimizes its logistics services, showcasing its leadership role in global trade. For more information, visit the port's official website.
Since its establishment in 2006, the Abu Dhabi Ports Group has actively promoted economic growth in the UAE by managing 11 ports and terminals. The group aligns with the Abu Dhabi Economic Vision 2030, contributing 3.6% to the non-oil GDP. Its efficient port management and application of smart technologies have positioned Abu Dhabi as a significant international logistics hub.
Since its takeover by the New Mocha Port Authority in 2022, New Mocha Port has emerged as a significant cargo hub on India's west coast. The port focuses on handling dry bulk, liquid bulk, and containerized cargo. In the future, efforts will be made to enhance service levels through infrastructure development and digital transformation, aiming to strengthen its global competitiveness.
Delta Air Lines has become a significant player in the global freight sector through its efficient route network and exceptional service. With an annual cargo volume exceeding 1.5 million tons, the company maintains stable timeliness on core routes and offers extensive customer service. By combining flexible agency policies with a digital platform, Delta Air Lines provides robust support for cross-border logistics enterprises.
This article introduces the 'Model Contract for Turnkey Equipment Supply for Industrial Plants' launched by the International Chamber of Commerce. It provides a clear structure for equipment procurement, reduces transaction costs, and ensures efficiency and reliability. The contract covers key terms to maximize the interests of both suppliers and buyers, making it an essential tool for modern industrial project management.
